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For the second consecutive year, Platinum Equity Co-President Jacob Kotzubei was invited to participate in a Milken Institute Global Conference panel discussion. Flanked by other senior private equity investment profession...
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Club Car Championship raises an event record $450,000 for charity
May 16, 2024
The recent Club Car Championship raised a record $450,000 for Savannah, Ga. charities, according to WTOC-TV. Pro golfer Steven Fisk birdied three of the final four holes of regulation to win in a sudden-death playoff at Th...
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How Platinum Equity built ‘foundation of trust’ to earn Kohler Co.’s confidence as investment partner in energy resilience business
May 16, 2024
In late 2019, Platinum Equity was performing diligence on Kohler Co.’s energy resilience division. Kohler Co., a global name with more than 40,000 employees, is known for its kitchen and bath products. But the pandemi...
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June 15, 2022
Solenis’ ‘commitment to people, resilient culture’ receives WSJ recognition
When Platinum Equity announced the $5.25 billion acquisition of Solenis, the firm was highly complementary of the water treatment chemistry company’s leadership. “It is an exceptionally well-run organization with an outstanding management team and a service-oriented culture,” Platinum Equity Partner Jacob Kotzubei said when the definitive agreement was announced last summer. “We believe in the company's mission and we are excited to in... Read more
When Platinum Equity announced the $5.25 billion acquisition of Solenis, the firm was highly complementary of the water treatment chemistry company’... Read more
When Platinum Equity announced the $5.25 billion acquisition of Solenis, the firm was highly complementary of the wat. Read more
June 10, 2022
Platinum Equity CEO Tom Gores pledges $100 million to build national charitable organization during appearance at Mackinac Policy Conference
During Q&A session with NBC Sports broadcaster Mike Tirico, Gores discusses Platinum origins, civic engagement, diversity goals and philanthropy: ‘We’re just scratching the surface’ MACKINAC ISLAND, Mich. – The chat began with a light-hearted exchange expressing hope the Detroit Pistons reach the NBA Finals in the near future. It ended with applause from an audience impressed by a promise to do more to help society. In his ... Read more
... Read more
During Q&A session with NBC Sports broadcaster Mike Tirico, Gores discusses Platinum origins, civic engagement, d. Read more
June 06, 2022
Why Tom Gores and the Pistons are building new $20 million community center in Detroit as a social justice initiative: ‘We should be reacting every single day’
MACKINAC ISLAND – Social justice has become a major point of discussion since the killing of George Floyd by a Minneapolis police officer. Platinum Equity Founder and CEO Tom Gores is no different than other business leaders who have pondered the issue over the last two years. But when he decided to act, instead of going it alone, he sought guidance from those with personal stories of being slighted simply because of skin color. Those ... Read more
MACKINAC ISLAND – Social justice has become a major point of discussion since the killing of George Floyd by a Minneapolis police officer. Platin... Read more
MACKINAC ISLAND – Social justice has become a major point of discussion since the killing of George Floyd by a Minn. Read more
June 02, 2022
Club Car Completes Acquisition of Garia
Augusta, Ga (June 2, 2022) – Club Car, a leading manufacturer and global leader in golf, consumer, and utility vehicles, today announced that it has completed the acquisition of Garia A/S (“Garia”) a Denmark-based manufacturer of electric street legal low-speed vehicles for the utility, consumer and golf markets. The acquisition also includes Melex, which Garia acquired in 2021 to accelerate its growth in the utility space. Melex is a ma... Read more
Augusta, Ga (June 2, 2022) – Club Car, a leading manufacturer and global leader in golf, consumer, and utility vehicles, today announced that it has... Read more
Augusta, Ga (June 2, 2022) – Club Car, a leading manufacturer and global leader in golf, consumer, and utility vehi. Read more
June 01, 2022
Inspired by Voices Inside Pistons Organization, Tom Gores to Fund New Flagship Community Center in Rouge Park
$20 million commitment will fund new 25,000-square foot multi-use facility, renovate Brennan pool house, and deliver diverse range of services to Cody Rouge neighborhood Gores, Pistons organization and Detroit Parks & Rec to engage residents in planning, design and programming Project originated through discussions with Pistons players, coaches and executives on how to expand and accelerate social justice impact DETROIT (June 1, 20... Read more
$20 million commitment will fund new 25,000-square foot multi-use facility, renovate Brennan pool house, and deliver diverse range of services to Cody... Read more
$20 million commitment will fund new 25,000-square foot multi-use facility, renovate Brennan pool house, and deliver . Read more
June 01, 2022
Platinum Equity CEO Tom Gores among featured speakers at annual conference featuring Michigan business leaders, government officials
The last few years have been eventful for Platinum Equity CEO and Detroit Pistons owner Tom Gores. The private equity firm he founded in 1995 is coming off a banner year of deal activity in 2021. On the court, the Detroit Pistons just completed their fifth season playing at Little Caesars Arena in downtown Detroit, nearly six years after Gores decided to move the franchise from northern Detroit suburbs. In 2019, in partnership with Henry ... Read more
The last few years have been eventful for Platinum Equity CEO and Detroit Pistons owner Tom Gores. The private equity firm he founded in 1995 is co... Read more
The last few years have been eventful for Platinum Equity CEO and Detroit Pistons owner Tom Gores. The private equ. Read more
May 13, 2022
Securus Technologies Appeals for a More Serious, Thoughtful Approach to Regulation of Calling Services for the Incarcerated in California
Company Asks Court to Require CPUC to Reconsider Its 2021 Interim Rate Order Securus Technologies has submitted an appeal of the California Public Utilities Commission’s (CPUC) 2021 Interim Rate Order for Incarcerated Person Calling Services (ICPS), noting the Commission’s rejection of its own staff’s recommendation to follow the Federal Communications Commission’s (FCC) 2021 meaningful, data-driven reform of ICPS rates. The appeal ... Read more
Company Asks Court to Require CPUC to Reconsider Its 2021 Interim Rate Order Securus Technologies has submitted an appeal of the California Public ... Read more
Company Asks Court to Require CPUC to Reconsider Its 2021 Interim Rate Order Securus Technologies has submitted an. Read more
May 09, 2022
Alex Doñé Joins Platinum Equity as Managing Director
LOS ANGELES (May 9, 2022) – Platinum Equity announced today that Alex Doñé has joined the firm as a Managing Director responsible for global functions related to strategic planning, investor capital development and other firm leadership initiatives. Mr. Doñé was most recently Chief Investment Officer (CIO) for the New York City Comptroller’s Office Bureau of Asset Management (NYC BAM) where he oversaw more than $265 billion of assets f... Read more
LOS ANGELES (May 9, 2022) – Platinum Equity announced today that Alex Doñé has joined the firm as a Managing Director responsible for global funct... Read more
LOS ANGELES (May 9, 2022) – Platinum Equity announced today that Alex Doñé has joined the firm as a Managing Dire. Read more
April 29, 2022
How the Detroit Pistons, Singer Corporation helped budding fashion designer with Rosa Parks celebration
Jalen Rose Leadership Academy senior Sheree Patton thought she was just going to see the Detroit Pistons.But as part of February’s Black History Month celebration to honor civil right icon Rosa Park, the Pistons and Singer Corporation partnered to surprise the aspiring fashion designer with a new sewing machine.“She thought that she had just gotten Piston tickets, and we were just going to the game,” Sheree’s mother, Sherese, told Pistons... Read more
Jalen Rose Leadership Academy senior Sheree Patton thought she was just going to see the Detroit Pistons.But as part of February’s Black History Mon... Read more
Jalen Rose Leadership Academy senior Sheree Patton thought she was just going to see the Detroit Pistons.But as part . Read more
April 09, 2022
Club Car to Acquire Danish Electric Vehicle Manufacturer Garia From Lars Larsen Group
Acquisition to increase Club Car presence in Europe, diversify product portfolio in growing consumer and utility marketsExpanded portfolio of zero-emission vehicles to help meet increasing global demand for sustainable transportation optionsAUGUSTA, Ga., April 9, 2022 /PRNewswire/ -- Club Car today announced the signing of a definitive agreement to acquire Garia A/S ("Garia"), a Denmark-based manufacturer of electric low-speed vehicles for ... Read more
Acquisition to increase Club Car presence in Europe, diversify product portfolio in growing consumer and utility marketsExpanded portfolio of zero-e... Read more
Acquisition to increase Club Car presence in Europe, diversify product portfolio in growing consumer and utility ma. Read more
